Schroders and Benchmark launch adviser guides on great wealth transfer and female financial planning
The firm found 63% of advisers concerned about wealth transfer
The firm found 63% of advisers concerned about wealth transfer
The centre will offer insights on investing, portfolio management and financial planning
Older generations are set to pass down $72.6trn over the next 20 years, but advisers will only capture £5.5trn of it
With over half saying they would expect to retain services for a minority of clients’ dependents
Funds may be used instead to pay for social care costs
Next-gen clients being ignored as IFAs focus on older, wealthier investors
Inadequate strategies ‘can be costly and could lead to unresolved family conflict’
But just 3% talked to a financial adviser about their succession plans
‘They should contact family members of clients who might value support after a major inheritance’
Region has long struggled with the concept of estate and succession planning
To help UHNWs across the Middle East with succession planning
How to limit IHT liabilities and gift money main areas of focus for clients